Business News

Commercial property business news and insights.

Melbourne tops tech rankings
Melbourne’s status as one of the world’s most liveable destinations has seen it officially ranked as one of the world’s top ‘tech cities’, according to new research.
Online retail goliath Alibaba launches Melbourne office
Chinese e-commerce giant Alibaba is the latest online retail juggernaut to lay roots in Australia, after opening its first Australian office in Melbourne on the weekend.
ANZ to anchor tenancies at Docklands tower
ANZ has been confirmed as the anchor tenant at LendLease’s new office tower at 839 Collins St, alongside the bank’s existing Docklands headquarters. In a deal confirmed on Monday, the bank will lease 26,500sqm of the …
What to expect at Britain’s Bunnings
Bunnings Warehouse has opened its first UK pilot store this weekend, marking the beginning of local brand Homebase’s transition into the Australian chain’s iconic green and red colours.
Telstra inks new deal at Brisbane office
Telecommunications giant Telstra has opted to stay put at its Brisbane premises with the group striking fresh leases at properties owned by Charter Hall Group’s unlisted Prime Office Fund and Singapore-listed Keppel REIT in one of the city’s largest leasing deals. This article originally appeared on
Trump inauguration: where to for property and the economy?
This year will no doubt prove to be very interesting for commercial property and global economy, not least because of Donald Trump’s inauguration on January 20.
Hotels finally acknowledge Airbnb threat
After years of ignoring Airbnb, international hoteliers have admitted the homestay network is affecting business, declaring that any hotel operators ­ignoring the disrupter will pay a price. This article originally appeared on
Dreamworld to rebuild revenue on LEGO foundation
Embattled theme park Dreamworld is banking on a retail expansion that includes Australia’s first LEGO Certified Store as it attempts to ride out a revenue slump.
Gold Coast to welcome new six-star beachside resort
The Gold Coast’s re-emergence as an international holiday hotspot has been given a major boost, with Hong Kong billionaire Tony Fung planning a $440 million six-star beachside hotel.
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